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Enter Symbol:
 
Cullen/frost Bankers, Inc. (CFR) [hlAlert]

Rating:
Outperform
CFR
down 22.92 %

Cullen/frost Bankers, Inc. (CFR) upgraded to Outperform with price target $68 by Oppenheimer

Posted on: Tuesday,  Feb 5, 2013  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Cullen/frost Bankers, Inc. (NYSE: CFR) on 02/05/2013. Previously Oppenheimer rated Underperform Cullen/frost Bankers, Inc. (NYSE: CFR) on 04/07/2009.,
when the stock price was $46.25. Since then, Cullen/frost Bankers, Inc. has gained 29.75% as of 02/05/2013's recent price of $60.01.
If you would have followed the previous Oppenheimer's recommendation on CFR, you would have lost 22.92% of your investment in 1400 days.

Cullen/Frost Bankers, Inc. (Cullen/Frost) is a financial holding company and a bank holding company that provides, through its subsidiaries, an array of products and services throughout numerous Texas markets. The Company offers commercial and consumer banking services, as well as trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, asset-based lending, treasury management and item processing services. As of December 31, 2008, Cullen/Frost had consolidated total assets of $15.0 billion. It serves a variety of industries including, among others, energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation. During the year ended December 31, 2008, the Company acquired R. G. Seeberger, Inc. (Dallas market area).

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2013 8:25 AM Buy
None
60.01 68.00
as of 12/13/2013
1 Week down  -2.69 %
1 Month down  -0.08 %
3 Months up  2.21 %
1 YTD up  7.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/7/2009 8:25 AM Sell
None
46.25

(*) Stock Price at the time of the recommendation.
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